SAIC General Motors Corporation Limited (More commonly known as SAIC-GM; Chinese: 上汽通用汽车; formerly known as "Shanghai General Motors Company Ltd", "Shanghai GM"; Chinese: 上海通用汽车) is a joint venture between General Motors Company and SAIC Motor that manufactures and sells Chevrolet, Buick, and Cadillac brand automobiles in Mainland China.
SAIC-GM was founded on June 12, 1997, with 50% investment each from each partner. SAIC-GM began assembling the venture's first vehicle, the Buick Regal, in Shanghai, China in April 1999.[1][2][3][4] This later followed with the Chinese-built Buick GL8 minivan which was a Chinese exclusive vehicle and was not offered in the United States and Canada.
In 2003, China became the second largest single market for General Motors, selling 201,188 vehicles, an 81.6% percent increase over the previous year. In that year SAIC-GM achieved a 13% market share in mainland China, second only to Volkswagen Group China among foreign carmakers. Sales dropped in 2004 when the company retired the Buick Sail and the release of its replacement, the Chevrolet Sail, was delayed to February 2005, knocking General Motors Shanghai to seventh place in mainland China market share. SAIC-GM market share climbed back to nearly 9.8 percent, placing SAIC-GM among the top three passenger car manufacturers in mainland China.
In June 2004, the Cadillac brand was introduced to China then in January 2005, the Chevrolet brand was launched.
In May 2005 SAIC-GM completed construction of a new assembly plant, the South Plant, at its facility in eastern Shanghai's Pudong district, more than doubling its annual production capacity to 320,000 vehicles.[5]
SAIC-GM was the top passenger vehicle producer in China in 2006, with sales of 413,400 vehicles. In 2011, SAIC-GM sold 1,200,355 vehicles in the Chinese market.[6] SAIC-GM is the largest joint venture GM has in China.[7]
In September 2006, General Motors launched the "Chevrolet Corsa Plus" in Chile, a version of the 4-door Opel Corsa with a 1.6L engine, making it the first export market to receive a vehicle manufactured by SAIC-GM.
In February 2010, SAIC acquired an additional 1 percent stake in the joint venture for US$85 million and assistance in securing a US$400 million line of credit to boost SAIC's total share of SAIC-GM to 51%.
In April 2012, GM regained 50% control of the joint venture.[7][8]
^. history.gmheritagecenter.com. General Motors Company. 2011. Archived from the original on August 17, 2011. Retrieved May 30, 2011. GM signed a milestone agreement with China's Shanghai Automotive Industry Corporation (SAIC) for a proposed automotive joint venture, a joint venture technical center, and several other projects in and around the city of Shanghai...
^. history.gmheritagecenter.com. General Motors Company. 2011. Archived from the original on August 17, 2011. Retrieved May 30, 2011. Also in 1995, the company entered into a joint venture agreement with Shanghai Automotive Industry Corporation (SAIC) in China, laying the foundation for unprecedented growth over the next few years. Four years later, the Buick Regal was being assembled in China for the Chinese market...
^. history.gmheritagecenter.com. General Motors Company. 2011. Archived from the original on August 17, 2011. Retrieved May 30, 2011. The General Motors-SAIC joint venture plant in Shanghai began building Buick Regals for the Chinese market, marking the Buick brand's proud return to China.
^"Shanghai GM joint venture overview on Chinaautoweb.com".
^ ab"GM's Shanghai joint venture opens new plant". The Star. May 28, 2005. Archived from the original on February 21, 2013. Retrieved September 5, 2012.
^"General Motors Sets Sales Record in China in 2011" (Press release). General Motors. January 8, 2012.
^ abNathan Bomey (April 18, 2012). "GM regains 50% stake in its largest Chinese partnership". The Detroit Free Press.
^"G.M. Cuts the Price On 2 Cars in China". The New York Times. January 4, 2006. Archived from the original on January 30, 2013. Retrieved September 5, 2012.
^"GM says 2006 China vehicle sales up 32 pct". Reuters. January 7, 2007. Retrieved September 5, 2012.
^"GM's China sales growth slows on VW and Ford competition". The New York Times. January 10, 2008. Retrieved September 5, 2012.
^"GM China sales growth slumps to 6% in 2008". China Daily. January 6, 2009. Retrieved September 5, 2012.
^"G.M. Sales in China Rose 67% in 2009". The New York Times. January 4, 2010. Retrieved September 5, 2012.
^"Summary: Shanghai GM's sales performance from 2002 to 2012". Gasgoo. June 19, 2012. Retrieved September 6, 2012.
^"Ford, GM Report Record China Sales". The Street. January 9, 2012. Retrieved September 5, 2012.
^"GM 2012 global sales rise 2.9 pct on strong Chevy demand". Reuters. January 14, 2013. Retrieved January 20, 2013.
^"上海通用2013年销量157.5万 同比增13.1%". bitauto. January 3, 2014. Retrieved January 20, 2014.
^"上海通用2014年销量176万辆 SUV增长显著". pcauto. January 7, 2015. Retrieved January 20, 2015.
External links
Wikimedia Commons has media related to Shanghai General Motors.
Official website
March 27, 2023
saic, saic, general, motors, corporation, limited, more, commonly, known, chinese, 上汽通用汽车, formerly, known, shanghai, general, motors, company, shanghai, chinese, 上海通用汽车, joint, venture, between, general, motors, company, saic, motor, that, manufactures, sells. SAIC General Motors Corporation Limited More commonly known as SAIC GM Chinese 上汽通用汽车 formerly known as Shanghai General Motors Company Ltd Shanghai GM Chinese 上海通用汽车 is a joint venture between General Motors Company and SAIC Motor that manufactures and sells Chevrolet Buick and Cadillac brand automobiles in Mainland China SAIC General Motors Corporation LimitedLogo since 2021SAIC GM pavillion at the Expo 2010 in ChinaTypeJoint VentureIndustryAutomotiveFoundedJune 12 1997 25 years ago 1997 06 12 HeadquartersShanghai ChinaArea servedChinaProductsAutomobilesBrandsBuickCadillacChevroletOwnerSAIC Motor 50 General Motors 50 Websitesaic gm com Contents 1 History 2 Current models 2 1 Buick 2 2 Cadillac 2 3 Chevrolet 3 Former models 3 1 Buick 3 2 Cadillac 3 3 Chevrolet 4 Sales 5 See also 6 References 7 External linksHistory EditSAIC GM was founded on June 12 1997 with 50 investment each from each partner SAIC GM began assembling the venture s first vehicle the Buick Regal in Shanghai China in April 1999 1 2 3 4 This later followed with the Chinese built Buick GL8 minivan which was a Chinese exclusive vehicle and was not offered in the United States and Canada In 2003 China became the second largest single market for General Motors selling 201 188 vehicles an 81 6 percent increase over the previous year In that year SAIC GM achieved a 13 market share in mainland China second only to Volkswagen Group China among foreign carmakers Sales dropped in 2004 when the company retired the Buick Sail and the release of its replacement the Chevrolet Sail was delayed to February 2005 knocking General Motors Shanghai to seventh place in mainland China market share SAIC GM market share climbed back to nearly 9 8 percent placing SAIC GM among the top three passenger car manufacturers in mainland China In June 2004 the Cadillac brand was introduced to China then in January 2005 the Chevrolet brand was launched In May 2005 SAIC GM completed construction of a new assembly plant the South Plant at its facility in eastern Shanghai s Pudong district more than doubling its annual production capacity to 320 000 vehicles 5 SAIC GM was the top passenger vehicle producer in China in 2006 with sales of 413 400 vehicles In 2011 SAIC GM sold 1 200 355 vehicles in the Chinese market 6 SAIC GM is the largest joint venture GM has in China 7 In September 2006 General Motors launched the Chevrolet Corsa Plus in Chile a version of the 4 door Opel Corsa with a 1 6L engine making it the first export market to receive a vehicle manufactured by SAIC GM In February 2010 SAIC acquired an additional 1 percent stake in the joint venture for US 85 million and assistance in securing a US 400 million line of credit to boost SAIC s total share of SAIC GM to 51 In April 2012 GM regained 50 control of the joint venture 7 8 Current models EditBuick Edit Enclave Encore n1 1 Encore GX Envista Envision Envision S Excelle Excelle GT Excelle GX GL6 GL8 LaCrosse Regal n1 2 Regal GS n1 3 Velite 6 Velite 7 Verano Verano Hatch GS n1 4 Notes based on Opel Mokka based on Opel Insignia sport variant of the Regal based on Opel Astra K Buick Enclave II Buick Encore II Buick Encore GX Buick Envista Buick Envision Buick Envision S Buick Excelle Buick Excelle GT II Buick Excelle GX Buick GL6 Buick GL8 II Land Business Edition facelift Buick GL8 III facelift Buick GL8 Century Buick Lacrosse III facelift Buick Regal China III facelift Buick Regal GS China III facelift Buick Velite 6 PHEV Buick Velite 6 Buick Velite 7 Buick Verano sedan Buick Verano hatch Buick Verano hatch GSCadillac Edit CT4 CT5 CT6 Lyriq XT4 XT5 XT6 Cadillac CT4 Cadillac CT5 Cadillac CT6 Cadillac Lyriq Cadillac XT4 Cadillac XT5 Cadillac XT6Chevrolet Edit Menlo Onix Monza Malibu XL Camaro RS n2 1 Tracker Trailblazer Blazer Equinox Orlando Silverado n2 1 Colorado n2 1 Notes a b c imported Chevrolet Menlo EV Chevrolet Onix Chevrolet Monza Chevrolet Malibu XL Chevrolet Camaro VI ZL1 Chevrolet Tracker Chevrolet TrailBlazer Chevrolet Blazer Chevrolet Equinox Chevrolet OrlandoFormer models EditBuick Edit Enclave n3 1 Excelle XT n3 2 New Century n3 3 Park Avenue n3 4 Roadmaster n3 1 9 Royaum n3 5 Velite 5 n3 6 Notes a b imported based on the Opel Astra J rename of the Buick Century to avoid confusion with the Toyota Century based on the Holden Statesman Caprice rebadge of the Holden Caprice WL series rebadge of the Chevrolet Volt Buick Enclave facelift Buick Excelle XT Buick New Century GL Buick Park Avenue Buick Roadmaster Buick Royaum Buick Velite 5Cadillac Edit ATS n4 1 ATS L CTS n4 2 Escalade n4 3 Fleetwood Brougham n4 1 10 Fleetwood n4 1 11 SLS SRX n4 4 XLR n4 5 XTS Notes a b c imported produced from 2004 to 2007 imported from 2007 to 2019 imported from 2006 to 2020 imported from 2004 to 2015 imported from 2005 to 2008 Cadillac ATS Cadillac ATS L Cadillac CTS I Cadillac CTS III Cadillac Escalade III Cadillac Escalade IV Cadillac Fleetwood Brougham Cadillac Fleetwood Cadillac SLS Cadillac SRX I Cadillac SRX II Cadillac XLR Cadillac XTS I Cadillac XTS IIChevrolet Edit Aveo Caprice Classic n5 1 12 Captiva Cavalier Corsica n5 1 Chevrolet Corvette C4 n5 1 13 Chevrolet Corvette C6 n5 1 14 Chevrolet Corvette C7 n5 1 15 Cruze Epica Epica II Lova Lova RV Lumina APV n5 1 Malibu Sail Spark Trax Notes a b c d e f imported Chevrolet Aveo Chevrolet Caprice Chevrolet Captiva I Chevrolet Captiva II Chevrolet Cavalier Chevrolet Corsica Chevrolet Corvette C4 ZR1 Chevrolet Corvette C6 ZR1 Chevrolet Corvette C7 ZR1 Chevrolet Cruze I Chevrolet Cruze II Chevrolet Epica V200 Chevrolet Epica V250 Chevrolet Lova Chevrolet Lova RV Chevrolet Lumina APV Chevrolet Malibu pre facelift Chevrolet Malibu first facelift Chevrolet Malibu second facelift Chevrolet Sail I Chevrolet Sail II Chevrolet Sail III Chevrolet Spark Chevrolet Trax facelift Sales EditCalendar year Total sales2004 252 869 5 2005 325 000 16 2006 413 367 17 2007 479 427 18 2008 445 709 19 2009 727 620 20 2010 1 030 000 21 2011 1 200 355 22 2012 1 331 022 23 2013 1 575 167 24 2014 1 760 158 25 See also EditSAIC GM WulingReferences Edit 1995 GM Links with SAIC history gmheritagecenter com General Motors Company 2011 Archived from the original on August 17 2011 Retrieved May 30 2011 GM signed a milestone agreement with China s Shanghai Automotive Industry Corporation SAIC for a proposed automotive joint venture a joint venture technical center and several other projects in and around the city of Shanghai 1982 1999 Globalization One Company One Team history gmheritagecenter com General Motors Company 2011 Archived from the original on August 17 2011 Retrieved May 30 2011 Also in 1995 the company entered into a joint venture agreement with Shanghai Automotive Industry Corporation SAIC in China laying the foundation for unprecedented growth over the next few years Four years later the Buick Regal was being assembled in China for the Chinese market 1999 Buick is Back in Shanghai history gmheritagecenter com General Motors Company 2011 Archived from the original on August 17 2011 Retrieved May 30 2011 The General Motors SAIC joint venture plant in Shanghai began building Buick Regals for the Chinese market marking the Buick brand s proud return to China Shanghai GM joint venture overview on Chinaautoweb com a b GM s Shanghai joint venture opens new plant The Star May 28 2005 Archived from the original on February 21 2013 Retrieved September 5 2012 General Motors Sets Sales Record in China in 2011 Press release General Motors January 8 2012 a b Nathan Bomey April 18 2012 GM regains 50 stake in its largest Chinese partnership The Detroit Free Press Company Information GM China Spotted in China 8th generation Buick Roadmaster Spotted in China Cadillac Fleetwood Brougham is Big amp Black in China Spotted in China Cadillac Fleetwood is black on the market Spotted in China Chevrolet Caprice Classic Spotted In China C4 Chevrolet Corvette In Red Chevrolet Corvette is Yellow in China Chevrolet Corvette C7 is Yellow in China G M Cuts the Price On 2 Cars in China The New York Times January 4 2006 Archived from the original on January 30 2013 Retrieved September 5 2012 GM says 2006 China vehicle sales up 32 pct Reuters January 7 2007 Retrieved September 5 2012 GM s China sales growth slows on VW and Ford competition The New York Times January 10 2008 Retrieved September 5 2012 GM China sales growth slumps to 6 in 2008 China Daily January 6 2009 Retrieved September 5 2012 G M Sales in China Rose 67 in 2009 The New York Times January 4 2010 Retrieved September 5 2012 Summary Shanghai GM s sales performance from 2002 to 2012 Gasgoo June 19 2012 Retrieved September 6 2012 Ford GM Report Record China Sales The Street January 9 2012 Retrieved September 5 2012 GM 2012 global sales rise 2 9 pct on strong Chevy demand Reuters January 14 2013 Retrieved January 20 2013 上海通用2013年销量157 5万 同比增13 1 bitauto January 3 2014 Retrieved January 20 2014 上海通用2014年销量176万辆 SUV增长显著 pcauto January 7 2015 Retrieved January 20 2015 External links Edit Wikimedia Commons has media related to Shanghai General Motors Official website Retrieved from https en wikipedia org w index php title SAIC GM amp oldid 1139112552, wikipedia, wiki, book, books, library,
